New Issue: UBS prices $499,967 10.44% trigger yield optimization notes on SPDR Oil & Gas

New York, March 18 – UBS AG, London Branch priced $499,967.22 of 10.44% annualized trigger yield optimization notes due June 21, 2022 linked to the SPDR S&P Oil & Gas Exploration & Production ETF, according to a 424B2 filing with the Securities and Exchange Commission.

The face amount of each note is $118.87, which is equal to the initial share price.

Interest is payable monthly.

The payout at maturity will be par unless the final share price is less than 70% of the initial share price, in which case investors will receive one ETF share per note.

UBS Financial Services Inc. and UBS Investment Bank are the underwriters.

Issuer:	UBS AG, London Branch
Issue:	Trigger yield optimization notes
Underlying ETF:	SPDR S&P Oil & Gas Exploration & Production ETF
Amount:	$499,967.22
Maturity:	June 21, 2022
Coupon:	10.44%, payable monthly
Price:	Par of $118.87
Payout at maturity:	If final share price is less than trigger price, one ETF share; otherwise, par
Initial share price:	$118.87
Trigger price:	$83.21, 70% of initial price
Pricing date:	March 15
Settlement date:	March 17
Underwriters:	UBS Financial Services Inc. and UBS Investment Bank
Fees:	0.7%
Cusip:	90303G810

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